InterRent acquires La Tour Fontaine in $63 million transaction

12 July 2019

On July 12, 2019, InterRent Real Estate Investment Trust (TSX: IIP.UN) acquired La Tour Lafontaine, a residential high-rise located at 1025 Sherbrooke Street East in Montréal, Quebec. The property was purchased for $63 million.

InterRent is a growth-oriented real estate investment trust engaged in increasing unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

Gowling WLG advised InterRent with respect to this acquisition with a team that included Alain Lalonde, Julie Desrochers and Tamar Chamelian.


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.